Right incentives to the right people
So, Corporate America, who thought laying off and offering early retirement to folks was a good idea? Now you are driving stock prices down or are surprised by the result that Americans vote with their dollars and choose to not keep money in the stock market?
Where are real solutions to problems? Laying off people is easy. Creative solutions of offering employees an extra day off a week for reduced pay or a summer time off without pay program would seem to allow companies to give people time to keep their home lives in order and save them money. People come back refreshed and able to gain momentum instead of getting stuck in a daily grind.
CEO's really need to look at who is sitting on their board of directors. High time to stop hiring those who think like you do. Diversity in the workplace is what you preach, but don't practice.
As a CPA I would love to serve on a board and help with the audit committee to ensure companies and their external accountants are on the same page and moving in the right direction, and not just creating a lot of bureaucracy of non-value-added red tape. Thanks to companies who are implementing forward-thinking well-care programs and flexibility in work scheduling. Things can be done if we put the right incentives to the right people.
Jill Sagi
Roselle